Mistakenly paid to the wrong account. What to do.

[Iboro]

If a person wants to make payments whether online or offline, and the person misses a digit or two and the funds to the wrong account number. What can the person do? Is the money completely lost?

 

[Salt]

You need to completely explain what you are referring to because in case of sending money from bank account, we can visit bank branch and can get our complaint registered with the bank and they can get our money reversed back.

 

[Heatman]

Well, it actually depends on the system where this kind of payment error have been made because if it is something like cryptocurrency payment, there is no way you can be able to recover the money that has been sent to a wrong wallet address. This is the reason why there is always a notification telling you to confirm again the address you want to send your cryptocurrency to.

When it is a bank transaction, I believe that there is still a possibility for the money to be reversed when you follow the protocols that have been set by the bank to enable fund reversal.

 

[Ja sa bong]

I've never made this mistake of paying money into a wrong account. The process it would take for the money to be reversed can be a torture. If the person the money was paid wrongly into his account wants to sit on it, the money won't be recovered.

 

[Heatman]

You need to completely explain what you are referring to because in case of sending money from bank account, we can visit bank branch and can get our complaint registered with the bank and they can get our money reversed back.

Most of the banks in my country can actually be very annoying and frustrating when it comes to handling this kind of situation of paying money into a bank account. They will always be making you to go through a lot of protocols that are going to keep delaying the process until the person that you mistakenly paid the money into his account have withdrawn the money, made use of it and refused to make use of the bank account again.

 

[deucher]

I had many such cases due to my inattention, but I managed to solve all this soon because I have a very cool and modern bank, so I just wrote to support and said that I made a mistake with the card number and wrote which card was correct and then they solved this problem

 

[Timgab]

If your transaction medium is bank, then there is hope you can recover your money. On the other hand if was a crypto transaction, sorry it is gone and can't be tracked or recovered.